Related Digital and Blackstone have secured financing for a $16 billion data centre project in Saline Township, Michigan. The campus is designed for Oracle and OpenAI to boost AI computing capacity. The development promises thousands of jobs and millions in tax revenue. It features sustainable technology such as a closed loop cooling system and incorporates a large battery storage investment to assist the local energy grid.
CIM Group, Centennial Yards Company, and The Drew Company have partnered to bring a Virgin Hotel to the $5 billion Centennial Yards development in Atlanta. Scheduled for 2027, the 261-room hotel will feature the brand’s signature 'Chambers' and residential-style suites. The project forms a central part of a new 470,000 square foot Entertainment District designed to revitalise the city’s downtown core.
Talaat Moustafa Group has unveiled "The Spine," a landmark cognitive city project in Egypt. Launched alongside Prime Minister Dr Mostafa Madbouly, the EGP 1.4 trillion development integrates artificial intelligence with urban living. The project aims to contribute 1 per cent to Egypt’s GDP and create 155,000 jobs. It features a Special Investment Zone designed to attract global corporations through digital infrastructure and simplified regulations.
Vietnam’s Sun Group has entered a US$2.3 billion strategic partnership with Chinese design firm Gold Mantis. The deal focuses on high-end interior architecture and technology for major national works. A primary objective is the development of infrastructure for the APEC 2027 Conference in Phu Quoc. This collaboration aims to bring international design standards and advanced building information modelling to Vietnam’s burgeoning construction sector.
Da Nang has marked a major milestone in its maritime development with the completion of shared infrastructure at Lien Chieu Port. A ceremony on March 28 signaled the start of a US$2 billion comprehensive investment project for a new container terminal. This mega-project aims to establish an international transshipment hub in Central Vietnam. It will feature eight berths capable of handling the world’s largest container vessels.
Egypt has secured partnerships with US, UK and French firms for the $1 billion Mont Galala project in Ain Sokhna. The development features 10 towers and a 150-berth marina. Construction begins in late 2026 with a seven-year completion timeline. The project aims to establish the Red Sea coast as a global hub for yacht tourism and international conferences through sustainable, mixed-use infrastructure and world-class hospitality.
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